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What are Local Hospitality and Local Accommodations Taxes and why are they necessary?

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What are Local Hospitality and Local Accommodations Taxes and why are they necessary?

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The Local Hospitality Tax is a tax imposed on the sale of prepared food and beverage items within the City of Georgetown. The Local Accommodations Tax is a similar tax imposed on rentals of rooms or other sleeping accommodations furnished to transients. These taxes, enacted by ordinance of City Council of the City of Georgetown, are paid by consumers of the applicable products and services. The taxes were created to help fund the current and future preservation, maintenance and improvement of unique historical, environmental and cultural assets of Georgetown, and those public facilities related to their use.

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